Trading and chartering giant Cargill has reported a $3.1bn net profit for its 2018 financial year.

This is up 9% from 2017. Revenue grew 5% to $114.7bn.

In the fourth quarter, which it described as very strong, operating earnings totaled $809m, a 76% jump year-on-year.

“Our strong results show we are creating the connections the world needs for vibrant food and agriculture both today and tomorrow,” said David MacLennan, Cargill’s chairman and CEO.